1. 40 Years Ago… Average Income was $16,975/year
Average Rent was $260/month
Gas was $0.63/gallon
Eggs were $0.48/Dozen
Fresh Bread was $0.42/loaf

2. THE MAINE SBDC IS A PROGRAM OF THE U. S
THE MAINE SBDC IS A PROGRAM OF THE U.S. SMALL BUSINESS ADMINISTRATION (SBA)/OFFICE OF SMALL BUSINESS DEVELOPMENT CENTERS, THE MAINE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT AND THE UNIVERSITY OF SOUTHERN MAINE. ACCREDITED BY THE ASSOCIATION OF SMALL BUSINESS DEVELOPMENT CENTERS, THE MAINE SBDC OPERATES A NETWORK OF SERVICE CENTERS IN PARTNERSHIPS WITH ANDROSCOGGIN VALLEY COUNCIL OF GOVERNMENTS, COASTAL ENTERPRISES, INC., AND THE NORTHERN MAINE DEVELOPMENT COMMISSION.

3. Who am I and Who do I work for?
Peter Harriman
Maine Small Business Development Center at the University of Southern Maine
55 Exeter Street,  Portland, Maine  Phone: (207)

4. 14 Advisers
Covering
21 Locations Throughout the State of Maine

5. What is a Small Business?
For Maine –
141,448 small businesses in Maine
(96.8% of all businesses)
In Maine, Small Businesses employing Employees makes up 22.1% of the Small Businesses in Maine
278,996 Employees Employed by Small Businesses (57.3% of the Private Maine Workforce)

6. The Tie in with CDBG
1982, the State of Maine began administering the CDBG Program
To assist units of local government in various community projects in areas ranging from infrastructure, housing, downtown revitalization to public facilities and economic development

7. SBDC and CDBG together
The Funding Support that the CDBG provides to the SBDC for LMI clients helps leverage other CDBG Investments

8. The Reality of it all… business failure rates

9. What Does the SBDC Do?
Provides FREE, Confidential Business Advising to Maine Businesses and Entrepreneurs, Including:
Business Planning
Business Startups
Credit & Financing
Financial Analysis
Marketing & Sales
Operations & Management
MUCH more

10. 2017 Accomplishments 1,454 Clients Advised 661 Jobs Created or Saved
$44 Million Capital Generated
98 Businesses Starts

12. How to Contact US Internet: www.mainesbdc.org
Online Requests, access to Adviser s, Phone numbers, and Addresses
Phone:
(207)

13. Thank you!!!